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Dec 29, 2012
12/12
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let's just kick them off unemployment insurance in an economic environment where we've historically never done that before. then let's see what happens. but, you know, what, it's actually even worse than that. what makes this a real punch to the gun is that what washington is now threatening to do, what they are just four days away from actually doing is taking away the extended unemployment insurance from those who have been unemployed the longest, and at the same time, by going over the fiscal cliff, bringing the recovery to a screeching halt, people argue over how bad it would be to go over the cliff, but everyone agrees, it would be bad. and if we go over for long enough, it will create a new recession. so now you don't have a job and you don't have unemployment insurance. you've been looking for a long time. and good luck finding a new job, because we just crashed the economy. >> the american people are watching what we do here. obviously, their patience is already thin. this is deja vu all over again. we're now at the last minute. and the american people are not going to have any pa
let's just kick them off unemployment insurance in an economic environment where we've historically never done that before. then let's see what happens. but, you know, what, it's actually even worse than that. what makes this a real punch to the gun is that what washington is now threatening to do, what they are just four days away from actually doing is taking away the extended unemployment insurance from those who have been unemployed the longest, and at the same time, by going over the...
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Dec 30, 2012
12/12
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risky startup companies, we areitting these people and penalizing them rather than seeing a favorable environment for capital to have long-term economic growth we want thank you for coming on tonight, great stuff. gerri: some good news, mortgage rates this year were the lowest they have been in 60 years. unbelievable. thirty year fixed mortgage fell. it if l.a. 3.14%. freddy mac's reported 3.35%. even that is no the lowest we have seen this year. but it sure is close. that sounds like opportunity to me. the northeast is threatened to be slammed by another winter stm. we will be right back. gerri: givinyou a quick recap of our top story tonight, presidt bama speaking jst moments ago. in that immediate action is needed to avert falling off the fiscal cliff. he says that he is optmistic for an agreement, but neither republicans or democrats will get 100% of what they want. earlier today, the president met with congressional leaders at the white house. a closed-door meeting, here is what the president said just a short time ago. >> we are going to construct a discussion with senate and house leadersh
risky startup companies, we areitting these people and penalizing them rather than seeing a favorable environment for capital to have long-term economic growth we want thank you for coming on tonight, great stuff. gerri: some good news, mortgage rates this year were the lowest they have been in 60 years. unbelievable. thirty year fixed mortgage fell. it if l.a. 3.14%. freddy mac's reported 3.35%. even that is no the lowest we have seen this year. but it sure is close. that sounds like...
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Dec 29, 2012
12/12
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FBC
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risky startup companies, we are hitting these people and penalizing them rather than seeing a favorable environment for capital to have long-term economic growth we want thank you for coming on tonight, great stuff. gerri: some good news, mortgage rates this year were the lowest they have been in 60 years. unbelievable. thirty year fixed mortgage fell. it if l.a. 3.14%. freddy mac's reported 3.35%. even that is not the lowest we have seen this year. but it sure is close. that sounds like opportunity to me. the northeast is threatened to be slammed by another winter storm. we will be right back. [beep] [indistinct chatter] [kids talking at once] [speaking foreign language] [heart beating] [heartbeat continues] [faint singing] [heartbeat, music playing louder] ♪ i'm feeling better since you know me ♪ ♪ i was a lonely soul, but that's the old me... ♪ announcer: this song was created with heartbeats of children in need. find out how it can help frontline health workers bring hope to millions of children at everybeatmatters.org. gerri: giving you a quick recap of our top story tonight, president
risky startup companies, we are hitting these people and penalizing them rather than seeing a favorable environment for capital to have long-term economic growth we want thank you for coming on tonight, great stuff. gerri: some good news, mortgage rates this year were the lowest they have been in 60 years. unbelievable. thirty year fixed mortgage fell. it if l.a. 3.14%. freddy mac's reported 3.35%. even that is not the lowest we have seen this year. but it sure is close. that sounds like...
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Dec 30, 2012
12/12
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FBC
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risky startup companies, we are hitting these people and penalizing them rather than seeing a favorable environment for capitato have long-term economic growth we want thank you foroming on tonight, great stuff. gerri: some good news, mortgage rates this year were the lowest they have been n 60 years. unbelievable. thirty year fixed mortgage fell. it if l.a. 3.14%. freddy mac's reported 3.35%. even that is not the lowest we have seen this year. but it sure is close. that sounds like opportunity to me. the northeast is threened to be slammed by another winter storm. we will be right back. john is 42. mortgage. married. two great kids. he wants to protect his family with a $500,000 term life insurance policy. what do you think it'll cost him? a hundred dollars a month? sixty? forty? actually none of the above. john can get a $500,000 policy -from a highly rated insurer - for under $25 a month. his secret? selectquote. selectquote is impartial. they'll search the pick of insurers like these to give you a choice of your best prices. selectote has great savis on term life for john's wife carrie, can get
risky startup companies, we are hitting these people and penalizing them rather than seeing a favorable environment for capitato have long-term economic growth we want thank you foroming on tonight, great stuff. gerri: some good news, mortgage rates this year were the lowest they have been n 60 years. unbelievable. thirty year fixed mortgage fell. it if l.a. 3.14%. freddy mac's reported 3.35%. even that is not the lowest we have seen this year. but it sure is close. that sounds like opportunity...
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Dec 29, 2012
12/12
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FBC
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right now we read them -- of, that's the liberal environment. we can't go there which is why we're losing that battle. tom: the conversation takes place to sit connect the dots, listen, we thought we voted for this inspirational person. yet all we are getting is more debt handed to us. again, i repeat that republican and democrat plans to solve the fiscal cliff have nothing, are not reducing the deficitne iota. >> basically, i'm going to have to spend my prime years and the folks i know, spend their prime years paying off the interest payments. the fact of the matter is in the interest, social security and medicare will consume the budget in the near future, right when i probably want to be starting a business, getting my life going enough razzle want to get their life going. instead, will be paying taxes on lobbying indentured servants of the government. this is absolutely immoral to have this happen. this is what congress is passing on to us and s why conservatives in the house and senate need to be serious about these fiscal cliff tops, espec
right now we read them -- of, that's the liberal environment. we can't go there which is why we're losing that battle. tom: the conversation takes place to sit connect the dots, listen, we thought we voted for this inspirational person. yet all we are getting is more debt handed to us. again, i repeat that republican and democrat plans to solve the fiscal cliff have nothing, are not reducing the deficitne iota. >> basically, i'm going to have to spend my prime years and the folks i know,...
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Dec 28, 2012
12/12
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how should investors play this such uncertain environment? >> well, turns out it's looking like a fiscal cliff hanger, doesn't it? up to the last minute. i think that investors tend to get caught up emotionally too much, and there's a couple things to do towards the end of the year. one is if you have not taken capital gains, going from 15% to 23.8%, do that monday. if you have a gain in a position, take it, buy it back right away, pay the tax at a lower rate. that's one of the things to do. also, make sure that next year you increase your 401(k) to 17,000 or 23,500 if you get the extra over 50 amount. take a roth 401(k) plan because that's more valuable as tax rates go up. ashley: good point. >> look at the conversions, the 529 plans, anything to be taxed hurts more. anything you can do as a consumer, and, of course, moonnies is more valuable next year as well. ashley: very good advice. you say don't sell in a down markets. put the cash to work. worried about catching the falling knife? >> not at all. the s&p500 up 15% going through the euro
how should investors play this such uncertain environment? >> well, turns out it's looking like a fiscal cliff hanger, doesn't it? up to the last minute. i think that investors tend to get caught up emotionally too much, and there's a couple things to do towards the end of the year. one is if you have not taken capital gains, going from 15% to 23.8%, do that monday. if you have a gain in a position, take it, buy it back right away, pay the tax at a lower rate. that's one of the things to...
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Dec 29, 2012
12/12
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we want an environment that provides these options were the majority and minority leaders can work together with their conferences to move legislation forward. we have shown on several occasions we are entirely capable of that. but there is the erosion of certain practices like, as i said -- stop everything i object. you cannot do that. you have got to be on the floor. that objection may not hold. it has got to do with the desire to move. i can tell you, many of us are so nervous about this nuclear option -- you are asking whether or not you think you can get 60 votes. is that your question? >> at some point, you have to get the votes. if you want to keep it 60 -- >> we are hopeful between the two caucuses, there would be 60 votes in the standing order. >> does this mean that you and perhaps undecided democrats simply would not vote for the more ambitious public auction? >> it means that we would not change the rules and it would mean that the senate is not a continuing body. i am not going to try to characterize how many are troubled by the idea of the nuclear option, which again, has neve
we want an environment that provides these options were the majority and minority leaders can work together with their conferences to move legislation forward. we have shown on several occasions we are entirely capable of that. but there is the erosion of certain practices like, as i said -- stop everything i object. you cannot do that. you have got to be on the floor. that objection may not hold. it has got to do with the desire to move. i can tell you, many of us are so nervous about this...
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Dec 30, 2012
12/12
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you start every field, whether it's dealing with the environment, the role of big business, we will checkmark these off. president obama has had two supreme court justices put in. probably will have a third and maybe a fourth, which means the influence of the supreme court of barack obama could be with us for generations. >> shannon: douglas brinkley, always nice to get the historical insight. thawferg. >> thanks. >> shannon: still to come on america's news headquarters. of the: a last-ditch effort to get a deal done. the ball is in the senate's court. can the leaders there come up with a fiscal plan that the house republicans would put up to a vote? we will talk to two senators. >> could a shrimp cost you your property? the obama administration rolls out a mountain of proposed legislation, is this the epa run amok. if you shop online, brace yourself, prices could be going up. congress has its eye on an online sales tax. when you can expect to pay more for everything you buy on the internet. it with the spark miles card from capital one, thor gets great rewards for his small business! your bo
you start every field, whether it's dealing with the environment, the role of big business, we will checkmark these off. president obama has had two supreme court justices put in. probably will have a third and maybe a fourth, which means the influence of the supreme court of barack obama could be with us for generations. >> shannon: douglas brinkley, always nice to get the historical insight. thawferg. >> thanks. >> shannon: still to come on america's news headquarters. of...
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Dec 27, 2012
12/12
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we want to create a safe learning environment. what happened in newtown, first let me say my prayers and thoughts go to that entire community. we need to change our security protocol. we're all anxiously waiting for a report to come out in newtown, to tell us where the weaknesses are, but until that time, our community has made a collective decision to protect our 8,000 students, to put in our police officers in each of our nine schools. >> when we look at republican-led legislatures that want to arm teachers in an effort to prevent another tragedy, this is also in coordinate with what we saw in webster, new york, where four firefighters showing up basically to a trap, two were shot and killed, two others were injured, in webs sister, new york, but i want to play what one of your own colleagues, michael nutter had to say about a plan like yours taking place in their area. take a listen. >> i guess, you know, out of last week's bizarre press statement, it wasn't a press conference, i guess mr. lapierre would then say that firefight
we want to create a safe learning environment. what happened in newtown, first let me say my prayers and thoughts go to that entire community. we need to change our security protocol. we're all anxiously waiting for a report to come out in newtown, to tell us where the weaknesses are, but until that time, our community has made a collective decision to protect our 8,000 students, to put in our police officers in each of our nine schools. >> when we look at republican-led legislatures that...
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Dec 27, 2012
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and again, looking for high quality stocks, dividend paying stocks in this environment, will, i think, be -- >> even with the, you know, our previous segment was talking about potential for big tax hikes on dividends. even with that, you'll still be going for dividend stocks? >> i think so. i heard that segment and i think we will be get an increase but we won't get that full effect going to the maximum tax rates. >> right. we can only hope there. >> looking in that 20% range. >> chad, what are your expectations? >> well, i think you're going to go over the cliff, but you're going to get a mini bargain. any market dislocation you have over the next 15 trading days, i'd be a buyer. in the long run, we have the economy that's improving, stall speed, but that will gradually increase over the course of the year. once you have some more certainty. so, you'll get some capital spending, you'll get retail investors that will be a little bit more optimistic as well as institutional inves or thes will start to click and up their equity allocation. >> where does 2013 end up for the market? >> i'
and again, looking for high quality stocks, dividend paying stocks in this environment, will, i think, be -- >> even with the, you know, our previous segment was talking about potential for big tax hikes on dividends. even with that, you'll still be going for dividend stocks? >> i think so. i heard that segment and i think we will be get an increase but we won't get that full effect going to the maximum tax rates. >> right. we can only hope there. >> looking in that 20%...
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Dec 27, 2012
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i'm trying to do the right thing for the environment by walking, using my bike. taking public transportation. adam: how do you save money? when i buy car insurance, i'm buying the coverage, god forbid i should be in an accident. i might hurt somebody. how does your plan work? am i paying per mile? is there base fee? how does this work? do i get come probable coverage. >> yeah so there a base fee. people pay a few cents per mile. base what i happens is. you have you have a few cents per mile. the device tracks how many miles you drove in the month. when you get end of the month. here is rate per mile. here is number of miles i drove. here is what i pay. people see if i drive this many miles less this is how much i save. adam: base fee is 20 and $30, right? >> varies by person but 20 to $30 is the typical that we see. adam: then you will pay anywhere from two to six cents per mile? >> that sends to be what most people see, correct. adam: so, in a worst-case scenario, say i'm paying your most expensive base fee at your most expensive, you know, per mile right. what
i'm trying to do the right thing for the environment by walking, using my bike. taking public transportation. adam: how do you save money? when i buy car insurance, i'm buying the coverage, god forbid i should be in an accident. i might hurt somebody. how does your plan work? am i paying per mile? is there base fee? how does this work? do i get come probable coverage. >> yeah so there a base fee. people pay a few cents per mile. base what i happens is. you have you have a few cents per...
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Dec 28, 2012
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take guns or the environment, for example. and let's not forget about the rest of the world where any number of foreign policy entanglements could overwhelm the most carefully laid plans. let's bring in dana milbank and msnbc contributor jonathan capehart also of the "washington post" to help me sort out how does a man get it done in the second term? dana, you know, they say that the second term a president really has about 18 months to get anything done and after that you're pretty much a lame duck. now, of all the things i just listed, what do you think he should and what do you think he will try to tackle first? >> well, karen, first of all, i don't think he needs to surrender to the idea that he only has that 18-month period. it's not without precedent to achieve things later in the term. so, first of all, it's not necessarily such a narrow window. the other thing is assuming we have to do something with the fiscal cliff here, but even once that's done and presume lbl awhat we're looking at now is more of a smaller short-t
take guns or the environment, for example. and let's not forget about the rest of the world where any number of foreign policy entanglements could overwhelm the most carefully laid plans. let's bring in dana milbank and msnbc contributor jonathan capehart also of the "washington post" to help me sort out how does a man get it done in the second term? dana, you know, they say that the second term a president really has about 18 months to get anything done and after that you're pretty...
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Dec 28, 2012
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they are up close to 14%, and this type of environment, where you're probably going to see another 3% to 5% selloff because of this fiscal announce, fiscal irritation, and when you get that, you should take that money and put it to work. simply because when you look at corporate america, the average company, bill, is generating a 16% to 17% return on equity, record free cash margins and a federal reserve that has the pedal to the metal. what you and i have talked about before repeatedly, $4 in taxes for every dollar in phantom spending cuts. that's fiscal irritation, but the health of corporate america will be what ultimately prevails. >> sounds like david has been reading your book, rick santelli. >> it does. >> big fan of rick. >> this is such a perverse world we live in, okay. let's look as what's happening. down 158 in stocks and that pushed the ten-year yield under 170, okay. >> really. let me get this straight. they can't get a deal on controlling out-of-control debt, so rates go down. i used to trade during graham/rudman and i remember when they couldn't get deficit conversatio
they are up close to 14%, and this type of environment, where you're probably going to see another 3% to 5% selloff because of this fiscal announce, fiscal irritation, and when you get that, you should take that money and put it to work. simply because when you look at corporate america, the average company, bill, is generating a 16% to 17% return on equity, record free cash margins and a federal reserve that has the pedal to the metal. what you and i have talked about before repeatedly, $4 in...
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Dec 23, 2012
12/12
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but i've learned one thing about the political environment. unless there's power behind the ideas, that they will not emerge here in the congress, that there's too much pressure from the outside on a status quo or to protect some political interest. and no matter how much we show that it's working, it won't be adopted here unless we're able to win the argument with the american people. i spent most of my life in research and advertising and marketing and strategic planning. what i hope i can do from this point is to take these ideas and policies that i know work, and the heritage foundation for 40 years has been creating policies and analysis that show these ideas work. and what i hope i can do is to help connect those ideas with real people, real faces, and to show these people that these ideas are not theory, they're not political policies, but they're ideas that are working right at their state or the state right next to them. and if we can win the arguments, if we can win the hearts and the minds of the american people with these ideas, i
but i've learned one thing about the political environment. unless there's power behind the ideas, that they will not emerge here in the congress, that there's too much pressure from the outside on a status quo or to protect some political interest. and no matter how much we show that it's working, it won't be adopted here unless we're able to win the argument with the american people. i spent most of my life in research and advertising and marketing and strategic planning. what i hope i can do...
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Dec 27, 2012
12/12
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FBC
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this is the environment right now. it is a holiday but we will watch each sector under pressure. lori: more news then redo this time. tracy: fiscal clef finger-pointing underway in washington. harry reid says they're headed over the cliff. it is really about senator harry reid and mitch mcconnell? >> to develop the political staring contest democrats say republicans need to move and around rego. the president arrived this morning from hawaii and so with the top democrats and republicans but still no update to report. senate majority leader harry reid said it looks like we're going over a cliff and it is up to the house. >> speaker boner shed call people back to washington today and should not have let them go. they are not here. john boner cared more about his speakership than the financial footing. >> they're now working on a fiscal clear solutions they say the majority leader should talk less and legislate more. also mitch mcconnell says the leader is happy to review with the president what he has in mind but that a majority has not put forward a plan. when they do members will
this is the environment right now. it is a holiday but we will watch each sector under pressure. lori: more news then redo this time. tracy: fiscal clef finger-pointing underway in washington. harry reid says they're headed over the cliff. it is really about senator harry reid and mitch mcconnell? >> to develop the political staring contest democrats say republicans need to move and around rego. the president arrived this morning from hawaii and so with the top democrats and republicans...
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Dec 28, 2012
12/12
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CNNW
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and so, in the environment that we're in, what's the alternative? and that's where we have to have this conversation, as a nation, about, is gun laws and further restrictions, when we already have 20,000 plus laws and regulations? that's not going to work. because 99.9% of all gun owners follow the laws. it's these people who are mentally ill, and this is where we should have a conversation about addressing mentally ill people and doing something about it and empowering law enforcement to do something. >> sheriff babeu, thank you for coming "outfront" tonight. >>> "outfront" next, we look back at our favorite political viral videos of the 2012 election. the good, the bad, and the ugly. >>> and america isn't as divided as washington would have you believe. we find a glimmer of hope in the midwest. ery tyou loses through diet and exercise, alli can help you lose one more by blocking some of the fat you eat. let's fight fat with alli. ♪ welcome to chevy's year-end event. so, the 5.3-liter v8 silverado can tow up to 9,600 pounds? 315 horsepower. what'
and so, in the environment that we're in, what's the alternative? and that's where we have to have this conversation, as a nation, about, is gun laws and further restrictions, when we already have 20,000 plus laws and regulations? that's not going to work. because 99.9% of all gun owners follow the laws. it's these people who are mentally ill, and this is where we should have a conversation about addressing mentally ill people and doing something about it and empowering law enforcement to do...
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Dec 27, 2012
12/12
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not if you're studying the environment in virginia. that and other silly laws in the "sideshow." this is a great "sideshow" coming up. this is "hardball," the place for politics. [ laughter ] smoke? nah, i'm good. ♪ [ male announcer ] every time you say no to a cigarette, you celebrate a little win. nicoderm cq, the patch with time release smart control technology that acts fast and helps control cravings all day long. ♪ quit one day at a time with nicoderm cq. >>> back to "hardball." now to the "sideshow." a good one i said. first, the right way to legisla legislate. think progress is out with a round of some of the most out there legislative moves we saw from the republicans side this past year. some "hardball" favorites from the list. first, how about banning the terms climate change and sea level rise from a request to study the causes of coastal flooding? that's exactly what happened in virginia in the republican-led legislature. the study could not get approval for funding until "left wing term" were yanked from the proposal like climate change and sea level rise. secon
not if you're studying the environment in virginia. that and other silly laws in the "sideshow." this is a great "sideshow" coming up. this is "hardball," the place for politics. [ laughter ] smoke? nah, i'm good. ♪ [ male announcer ] every time you say no to a cigarette, you celebrate a little win. nicoderm cq, the patch with time release smart control technology that acts fast and helps control cravings all day long. ♪ quit one day at a time with nicoderm cq....
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Dec 29, 2012
12/12
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CNNW
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eye 136
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your only hope in this low return environment where cash and bonds pay nothing, we don't know what the dollar will be worth or where treasuries will be in a few years, your only hope is to hope growth of earnings and dividends. that's what you get in large cap multinational companies with good balance sheets that you only hope to accumulate capital over time if you're a young person with a 401(k) and trying to plan for retirement. >> both of you agree. it's uncertain but don't panic. great to have you both on the show. we're taking' quick brick. when we come back, more of "your money." 315 horsepower. what's that in reindeer-power? [ laughs ] [ pencil scratches ] [ male announcer ] chevy's giving more. now through january 2nd, no monthly payments until spring for qualified buyers. get the silverado for 0% apr financing for 60 months plus $1,000 holiday bonus cash. plus trade up for an additional $1,000 trade-in allowance. [ male announcer ] when diarrhea hits, kaopectate stops it fast. powerful liquid relief speeds to the source. fast. [ male announcer ] stop the uh-oh fast with kaopec
your only hope in this low return environment where cash and bonds pay nothing, we don't know what the dollar will be worth or where treasuries will be in a few years, your only hope is to hope growth of earnings and dividends. that's what you get in large cap multinational companies with good balance sheets that you only hope to accumulate capital over time if you're a young person with a 401(k) and trying to plan for retirement. >> both of you agree. it's uncertain but don't panic....
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Dec 23, 2012
12/12
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CSPAN
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something is going to fix it, in the fact that you have to make sure that you are creating pro-business environments. it's the reason that at this place, in this time, you are seeing south carolina be successful because of results, not because of what the governor looks like. u.s.e going to see the senate become stronger because of the results of tim scott, not because of what he looks like. so this is not -- that's why i said he earned this spot. i understand that we made history today and i'm proud that we made history today, but i also believe in the people of south carolina and the people of this country. and as the daughter of immigrants that saw early on that you can be anything you want to be and nothing can get in your way, i want to remind everybody that it is not the messenger, it will always be the message, and tim scott has the right message. [inaudible question] >> from my perspective, if you get the message right and you market it well, people listen. america is still a center-right nation. the fact is the better we get at marketing our message, the more it will resonate. fresh faces a
something is going to fix it, in the fact that you have to make sure that you are creating pro-business environments. it's the reason that at this place, in this time, you are seeing south carolina be successful because of results, not because of what the governor looks like. u.s.e going to see the senate become stronger because of the results of tim scott, not because of what he looks like. so this is not -- that's why i said he earned this spot. i understand that we made history today and i'm...
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Dec 27, 2012
12/12
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KQED
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she's been the president's point person on the environment for four years, but today, lisa jackson announced she's stepping down as administrator of the environmental protection agency. in a statement, jackson said, "i will leave the e.p.a. confident the ship is sailing in the right direction." jackson's tenure was defined in part by efforts to curb carbon emissions. in 2009, she formally declared greenhouse gases, including carbon dioxide, a threat to public health. that same day, she spoke on "the newshour." >> i join the president in calling for clean energy and climate legislation. and that's because i think having economy-wide legislation sends an unequivocal signal to the private sector that we really mean it, that we're moving towards green energy. >> brown: but a bill to cap greenhouse gases foundered in the democratic-controlled senate and never made it to the president's desk. jackson also pushed a rule to reduce smog, but it faced bitter opposition from republicans and industry over the cost and potential effect on jobs, and last year, president obama ordered it withdrawn. still,
she's been the president's point person on the environment for four years, but today, lisa jackson announced she's stepping down as administrator of the environmental protection agency. in a statement, jackson said, "i will leave the e.p.a. confident the ship is sailing in the right direction." jackson's tenure was defined in part by efforts to curb carbon emissions. in 2009, she formally declared greenhouse gases, including carbon dioxide, a threat to public health. that same day,...
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Dec 29, 2012
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we're operating in an environment where, quote, uncertainty is the new normal. this is the equivalent of the last-minute christmas shopping to protect assets of going over the fiscal cliff, planners and wealth managers say it's been a banner year especially for estate planning and here's a couple of reason yes. there's a big change coming with the gift tax. right now there's a $5 million exempted and the tax rate is 35%. on midnight on new year's eve the exemption drops to 1 million and the tax rate goes on 55% and the capital gains tax rate expected to increase from 15% to 20% and the brand new 3.8% medicare tax on wage earners above 200,000 a year and a possible future cap on general deductions is all part of that renewed interest and estate planning. among those closely watching what the president and top congressional leaders do over the weekend to avoid going over the cliff, millions of married couples facing a higher tax burden. the bush-era tax law which eliminated the so-called marriage penalty for joint filers is expiring, meaning with couples with next
we're operating in an environment where, quote, uncertainty is the new normal. this is the equivalent of the last-minute christmas shopping to protect assets of going over the fiscal cliff, planners and wealth managers say it's been a banner year especially for estate planning and here's a couple of reason yes. there's a big change coming with the gift tax. right now there's a $5 million exempted and the tax rate is 35%. on midnight on new year's eve the exemption drops to 1 million and the tax...
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Dec 28, 2012
12/12
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when i came here in a partisan environment, i said, i do not have to subscribe to a non partisan environment. my goal was one nebraska, not a republican or democratic or east or west. i represent all the people, even those who voted against me. urban-rural. i have taken that independent approach back here. i have to represent all of the people. that just some of the people. >> did you ever contemplate becoming an independent? >> no, because the democratic party never pushed me out. i have been well excepted by the democrats in nebraska. and independents. and enlightened republicans. ultimately, the democrats did not leave me, so why would i leave the democrats? >> there are so many changes that happened in this country. the whole concept of national security and how that has changed since 9/11 and whether we are in a better place? >> most people feel we are safer than we were. that is what national security is about. it is a state of mind sometimes as much as it is a state of security. i think people feel they are better off. i am glad that is the case. what we have gone through is a difficu
when i came here in a partisan environment, i said, i do not have to subscribe to a non partisan environment. my goal was one nebraska, not a republican or democratic or east or west. i represent all the people, even those who voted against me. urban-rural. i have taken that independent approach back here. i have to represent all of the people. that just some of the people. >> did you ever contemplate becoming an independent? >> no, because the democratic party never pushed me out....
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Dec 28, 2012
12/12
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is it politically possible in this environment to get enough republicans and democrats to support a deal that the white house wants on deficit reduction? because they been to the altar so many times on this same issue, taxes, medicare, social security, defense spending, you must wonder, if there's any agreement possible. host: first, commented today from the senate republican leader mitch mcconnell, who will join his colleagues later today at the white house. [video clip] >> i told the president last night we would be happy to look at whatever he proposes. the truth is we are coming up against a hard deadline. as i said, this is a conversation we should have had months ago. republicans are not about to write a blank check or anything senate democrats before or just because we find ourselves at the edge of the cliff. that would not be fair to the american people. that said, we will see what the president has to propose. members on both sides will review it. then we will decide how best to proceed. hopefully, there's still time for an agreement of some kind that saves the taxpayers from a
is it politically possible in this environment to get enough republicans and democrats to support a deal that the white house wants on deficit reduction? because they been to the altar so many times on this same issue, taxes, medicare, social security, defense spending, you must wonder, if there's any agreement possible. host: first, commented today from the senate republican leader mitch mcconnell, who will join his colleagues later today at the white house. [video clip] >> i told the...
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Dec 25, 2012
12/12
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there are a lot of people who were saying the situation is really dangerous, the environment is less safe, and we need more security. ultimately, those requests were not met. host: our guest writes for "newsweek" / "the daily beast." talk about what is happening with "newsweek" and the role that you apply online. guest: "newsweek" just printed its last paper edition. then it will go to the tablet. my hope is that lots of people will buy them. i read most of my magazines on the tablet. it is a great product. tina brown is one of the legends of the industry right now and if anybody can figure out how to do this transition from the print advertising model to a tablet, internet, online model, it is going to be tina brown. she has had one of the greatest careers you can ask for in journalism and i trust her leadership as she looks to steer the next phase. host: how often do you post? guest: usually twice, three times a week, sometimes more. i have a lot of flexibility. i have a great editor who worked with me sometimes. we go back and forth. it is pretty good. they generally have asked me
there are a lot of people who were saying the situation is really dangerous, the environment is less safe, and we need more security. ultimately, those requests were not met. host: our guest writes for "newsweek" / "the daily beast." talk about what is happening with "newsweek" and the role that you apply online. guest: "newsweek" just printed its last paper edition. then it will go to the tablet. my hope is that lots of people will buy them. i read most...
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Dec 29, 2012
12/12
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yet, the environment was such that any helicopter that flu out there got such heavy fire from the ground they refused to come out. they just woundn't. there was a high ridge between us and pleiku. as the story was told to me van eiwegian was sitting in a bar and people were talking about how rough it was out there in du cho and van eiwegian said i will fly out there. i did not come to sit in this bar, i came out here to help. he got his aircraft and he came flying in. we knew he was flying in so we had the wounded ready to run them out on the airstrip. he had to flew over a ridge and these green tracers came up from the ground from every direction. everything in the world was shooting at this guy, he flew through it and landed on the runway. shells were going off all around us. more people getting wounded he just sat there cool as a cucumber. it was dripping fluid. i can still see the red hydraulic fluid running out from all sides. he sat there and lowered the ramp, we ran the wounded in and other people were getting wounded at the time and he sat at the controls until we gave him the si
yet, the environment was such that any helicopter that flu out there got such heavy fire from the ground they refused to come out. they just woundn't. there was a high ridge between us and pleiku. as the story was told to me van eiwegian was sitting in a bar and people were talking about how rough it was out there in du cho and van eiwegian said i will fly out there. i did not come to sit in this bar, i came out here to help. he got his aircraft and he came flying in. we knew he was flying in...
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Dec 28, 2012
12/12
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normal one is have reasonably safe environment. then they say there is also a duty not to misrepresent the level of danger involved but i think, you know, jumping ahead a little i think there are a couple of hurd tells. one is sort of procedural. what is the jurisdiction over the person, the defendant in a california federal court? i think they will litigate that. i'm not so sure they will be successful blocking the case from going forward. but the fact of the matter is are there minimum context? the other point is intervening act of god, tsunami and other acts of god. the defense will rely on that very, very heavily in my opinion. gregg: yeah. greg, it seems like the damages may be a little bit way down the road, speculative for now because some of these guys really aren't feeling any of the effects that, you know, one might otherwise expect in radiation cases. >> that's right, gregg. i mean after what you get passed what doug was talking about, you've got the issue of damages. i mean the fact is that right now they're healthy. an
normal one is have reasonably safe environment. then they say there is also a duty not to misrepresent the level of danger involved but i think, you know, jumping ahead a little i think there are a couple of hurd tells. one is sort of procedural. what is the jurisdiction over the person, the defendant in a california federal court? i think they will litigate that. i'm not so sure they will be successful blocking the case from going forward. but the fact of the matter is are there minimum...
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Dec 30, 2012
12/12
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in this environment, nothing is agreed to until everything is agreed to. ha is the nature of negotiations. that happens with lots of things that are not major headline stories. it's part of what goes on. we are talking incremental steps here. this is certainly a sign the democrats want to let us know about, let's be clear about that. they are letting us know about this setback in negotiations. we had not been getting many details when things were looking more positive. what happens next? a part of theish hugh is once an agreement is made, be optimistic and say they agree. all the air comes out. the things on the list become much harder to get. you don't have a pressure point of trying to get a deal. both sides try to put as much as they can talk about in a deal. by republicans bringing in chained cpi, the social security element, which is according to democrats, we have not heard that from republicans. that introduces something new into the conversation that we have not been hearing since friday. why did they do that? we have to get insight from them. it w
in this environment, nothing is agreed to until everything is agreed to. ha is the nature of negotiations. that happens with lots of things that are not major headline stories. it's part of what goes on. we are talking incremental steps here. this is certainly a sign the democrats want to let us know about, let's be clear about that. they are letting us know about this setback in negotiations. we had not been getting many details when things were looking more positive. what happens next? a part...
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Dec 24, 2012
12/12
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i think it's a clear case of sexual harassment it creates a hostile work environment. unfortunately that's not the way they want. what the court was left with was to determine the very narrow question which is fact based on whether these actions were gender discrimination, which the court found that they were not. if i were this dentist i'd be careful and if i were these women working for that dentist i'd have a tape recorder with me at all times, because they may have problems in the future. >> the question still remains -- jaime: what would be the damages? >> the damages would be lost income, lost of wages. if she had to work for a different job and made less money, had a longer commute, i would come up with 50 different damages. what i'm afraid about for sexual harassment and these types of things which i don't understand why they didn't bring those either. between the three lawyers of us i can't understand why they won't have done it. i don't think any of us k. that would have been a much better case. i think she had a much better case there. a lot of times when yo
i think it's a clear case of sexual harassment it creates a hostile work environment. unfortunately that's not the way they want. what the court was left with was to determine the very narrow question which is fact based on whether these actions were gender discrimination, which the court found that they were not. if i were this dentist i'd be careful and if i were these women working for that dentist i'd have a tape recorder with me at all times, because they may have problems in the future....
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Dec 29, 2012
12/12
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to president clinton's credit those tax hikes came within the environment of deregulation, rules were cut back and we have the opposite going on right now. consumers elect to go spend but consumers are reluctant and producers are going up and regulatory costs makes it hard to make a buck in this type of environment. >> arthel: all right. happy new year. thank you so much. >> secretary of state hillary clinton is returning to the state department next week after three weeks off from a stomach virus and concussion that kept her from testifying on the terror attack in libya but republican lawmakers still want answers. the question that secretary of state may be facing when she goes to the hill in just a moment. >> arthel: just released papers from former british prime minister margret thatcher involving ronald regulate and involving the queen of england. , because for every two pounds you lose through diet and exercise, alli can help you lose one more by blocking some of the fat you eat. let's fight fat with alli. ♪ >>. >> arthel: recently released documents showing margret thatcher in
to president clinton's credit those tax hikes came within the environment of deregulation, rules were cut back and we have the opposite going on right now. consumers elect to go spend but consumers are reluctant and producers are going up and regulatory costs makes it hard to make a buck in this type of environment. >> arthel: all right. happy new year. thank you so much. >> secretary of state hillary clinton is returning to the state department next week after three weeks off from...
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Dec 30, 2012
12/12
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this becomes a much more sensitive issue especially in the current environment. the debt ceiling, that is also important to the republican base. host: we are taking your calls and questions with stan collander and our other guest. joshua gordon. the numbers are -- the lines are open. stan, one week ago. right before christmas, the president told everybody to go home, drank some eggnog, take a breath, and we will come back and talk about this. how much movement did that stepping back give us? did it move anything at all? guest: it did not seem to change anybody's opinion. we have lost a few days. everybody is feeling more pressure to get back and do something. it did not change the basic spirit did not change the politics very much. part of this is that we have not gone over the cliff yet. a lot of the tax increases your mentioning. a lot of the tax -- a lot of the spending increases -- cuts and tax increases have not happened. people need to go to the senator and representative and say, make these things stops. that pain has not happened. callers are angry about
this becomes a much more sensitive issue especially in the current environment. the debt ceiling, that is also important to the republican base. host: we are taking your calls and questions with stan collander and our other guest. joshua gordon. the numbers are -- the lines are open. stan, one week ago. right before christmas, the president told everybody to go home, drank some eggnog, take a breath, and we will come back and talk about this. how much movement did that stepping back give us?...
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Dec 29, 2012
12/12
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let's just kick them off unemployment insurance in an economic environment where we've historically never done that before. then let's see what happens. but, you know, what, it's actually even worse than that. what makes this a real punch to the gut is that what washington is now threatening to do, what they are just four days away from actually doing is taking away the extended unemployment insurance from those who have been unemployed the longest, and at the same time, by going over the fiscal cliff, bringing the recovery to a screeching halt, people argue over how bad it would be to go over the cliff, but everyone agrees, it would be bad. and if we go over for long enough, it will create a new recession. so now you don't have a job and you don't have unemployment insurance. you've been looking for a long time. and good luck finding a new job, because we just crashed the economy. >> the american people are watching what we do here. obviously, their patience is already thin. this is deja vu all over again. we're now at the last minute. and the american people are not going to have any pa
let's just kick them off unemployment insurance in an economic environment where we've historically never done that before. then let's see what happens. but, you know, what, it's actually even worse than that. what makes this a real punch to the gut is that what washington is now threatening to do, what they are just four days away from actually doing is taking away the extended unemployment insurance from those who have been unemployed the longest, and at the same time, by going over the...
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Dec 27, 2012
12/12
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if you get a more benign environment, that energy would burst forth. host: jkl tweets in, raise in the tops tax rate will not make a dent in the annual deficit. money gravitates to tax write- offs and crafted loopholes. guest: that is what you are seeing happening in europe when they are raising tax rates. lower the rates, get rid of these massive deductions,, and you would see a cleaner code, and less corrupt code. host: valerie in new jersey on our line for democrats. caller: good morning. the more i listen to mr. forbes speak, i am reminded why the reasons why i have lately not been a consistent your of c- span -- viewer of c-span anymore. they twist the truth. there is no integrity and what is said anymore. if you look at the record of spending -- mr. forbes mentioned mr. obama's spending being higher than the bush years. that is not true. the deficit which increases our debt grew so much under obama because he put both wars into the budget. george bush kept him out of the budget -- them out of the budget. was not paying for them, so things looked
if you get a more benign environment, that energy would burst forth. host: jkl tweets in, raise in the tops tax rate will not make a dent in the annual deficit. money gravitates to tax write- offs and crafted loopholes. guest: that is what you are seeing happening in europe when they are raising tax rates. lower the rates, get rid of these massive deductions,, and you would see a cleaner code, and less corrupt code. host: valerie in new jersey on our line for democrats. caller: good morning....
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Dec 27, 2012
12/12
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like environment of degradation. -- environmental degradation. there is whole movement to create new shareholders as well as to increase awareness. do you see this movement as the problem, and any change that can come from? -- as fadish, a different type of shareholder and any change can come from that? >> again, a wonderful question. i do not want to leave people a question that shareholders had no role in the governance of firms. i think they should be long- term shareholders, among other things. i also think there is a very positive role that can be played by shareholder involvement in corporate governance when it wishes corporations to behave in a more responsible, sustainable fashion. i will tell you how i get there. one of the conclusions are reached promote my studies of the business world and my involvement in the business world -- i actually sit on the board of a mutual fund. you can understand my heart is with the mom-and-pop retail shoulders -- the mom-and-pop retail shareholders are the people whose interest the represent. i am keenly
like environment of degradation. -- environmental degradation. there is whole movement to create new shareholders as well as to increase awareness. do you see this movement as the problem, and any change that can come from? -- as fadish, a different type of shareholder and any change can come from that? >> again, a wonderful question. i do not want to leave people a question that shareholders had no role in the governance of firms. i think they should be long- term shareholders, among...